SEC Form 4 · accession 0001300514-18-000029
LAS VEGAS SANDS CORP · LVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert G Goldstein
Officer — President & COO · Director
Period of report
Mar 13, 2018
Accepted (ET)
Mar 14, 2018 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001300514
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 13, 2018 | M | 39,155 | $70.84 | A | 39,155 | D | |
| Common StockF2 | Mar 13, 2018 | S | 39,155 | $76.00 | D | 0 | D | |
| Common Stock | holding | — | — | — | 127,057 | I | By The Robert and Sheryl Goldstein Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F1,F3 | $70.84 | Mar 13, 2018 | M | 39,155 | D | — | Mar 28, 2018 | Common Stock | 39,155 | 0 | D |
Explanation of responses
- F1In accordance with the provisions of the Issuer's 2004 Equity Award Plan, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options to reflect the $2.75 per share special dividend to be paid on outstanding shares of the Issuer's common stock. The equitable adjustment was effective as of December 10, 2012.
- F2Shares sold in connection with the exercise of stock options.
- F3The options vest in four equal installments beginning on January 1, 2009.